Since then, the chancellor has been locked in a battle, not only with Nick Clegg, but also Iain Duncan Smith, the Tory work and pensions secretary, about whether the government should do this, having previously said benefits would rise in line with CPI.

If Vince Cable is to be believed, it looks like IDS and his Lib Dem allies have won this one. The business secretary told the BBC’s Politics Show: Read more

Are the coalition being a little unfair in the way they uprate student loans?

After all, George Osborne made a big play of how it was right to adjust all benefits by the Consumer Price Index rather than the Retail Price Index. Read more

General election 2015

Countdown to May 7

About this blog

Blog guide

The fragmentation of UK politics makes the 2015 general election the most unpredictable in living memory. Follow Jim Pickard, Kiran Stacey and the rest of the FT team for unique insights as the campaign gets underway.

VIDEOS

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The authors

Jim Pickard is the FT's chief political correspondent, having joined the lobby team in January 2008. He has been at the FT since 1999 as a regional correspondent, assistant UK news editor and property correspondent.

Kiran Stacey is an FT political correspondent, having joined the lobby in 2011. He started at the FT as a graduate trainee in 2008, working on desks including UK companies and US equity markets before taking over the FT's Energy Source blog.